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Features
- Investors Optimistic for Post-Olympic Economy Upswing - Editor, 25 August 2008
- NASDAQ OMX Lists Chardan 2008 China Acquisition Corporation - Editor, 18 August 2008
- Increasing Numbers of China’s Elderly May Slow Economic Growth - Editor, 11 August 2008
- Beijing Olympics Opens Up Potentially Lucrative Trade Opportunities - Editor, 4 August 2008
Following the fortnight of the 2008 Beijing Olympics, during which time the Shanghai Stock Exchange’s benchmark composite index fell 7.7 percent, with the past week being particularly turbulent, investors are confident that China’s government will turn its attention to the economy and brighter times are ahead. Considering the fact that China spent around $42 billion on the Olympic Games, money which appears to have been readily available, it seems surprising that the market is performing so badly. With the Shanghai stock market having tumbled by 54 percent since the beginning of the year, there is some serious work to be done to turn the situation around and win investor confidence.
Seen by many as a sign of the continued strengthening of trading ties between China and the U.S. the NASDAQ OMX Group, Inc. has announced that the recently established acquisition company, Chardan 2008 China Acquisition Corporation, has been listed on the NASDAQ Stock Exchange (NASDAQ: CACUA). Chardan is the first company of its kind to list on the NASDAQ stock market since the exchange approved the listing of acquisition companies earlier this year.
Seen by many as a result of the country’s twenty-eight year enforced family planning policy, China’s population is aging faster than that of any other country and will undoubtedly have a negative effect on economic growth. Director of aging research at the Center for Strategic and International Studies in Washington, Richard Jackson, revealed that research results indicate that by the year 2020, China’s population will include around 400 million people aged 60 years and older, with around 100 million being older than 80. Moreover, by the year 2050, at least a third of China’s 1.4 billion inhabitants will be 60 and over.
With the beginning of the 2008 Beijing Olympics just a few days away, these prestigious summer games are dominating news headlines all over the world, as participating countries prepare to support their athletes in their quest for gold. An aspect of the Olympics that the man in the street may not give much thought to, is how being associated with the games can be hugely beneficial for companies from a marketing perspective. The potential benefits are recognized by astute management teams, resulting in companies clamoring to be included on the list of official sponsors that are approved by the Beijing Organizing Committee of the Olympic Games (BOCOG).
Recent Articles
- CAFTA: China-ASEAN Free Trade Area - Editor, Monday 8 February 2010
- Very Strong Optimism of Swiss Companies in China - Bernard Hagen, Thursday 4 February 2010
- Business and Taxes in China - Editor, Wednesday 6 January 2010
- Expo 2010 Shanghai - Editor, Thursday 17 December 2009
- Conclusion of ECFA with Taiwan on the Horizon - Editor, Tuesday 24 November 2009










